If the quantity supplied is greater than quantity demanded, there is: a. trade deficit b. equilibrium c.

Question:

If the quantity supplied is greater than quantity demanded, there is:

a. trade deficit

b. equilibrium

c. shortage

d. surplus

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Principles Of Agricultural Economics

ISBN: 9780415540704

1st Edition

Authors: Andrew Barkley, Paul W. Barkley

See More Books

Question Posted: Apr 17, 2024 08:00 AM

See More Questions

What is the only difference between visible radiation and radio waves? a. Radio waves can be heard, whereas visible radiation cannot. b. Radio waves travel more slowly than visible radiation. c....
MCQ questions: 1. An increase in oil prices, such as the oil shocks in the 70s, lead to _______ thereby causing ________ a movement along the AS curve; cost-push inflation a leftward shift in the AS...
Certainly, let's go through each of the questions (A to F) and provide guidance on how to address them: a. Graphing the Supply Curve for Electricity: Draw the axes: Draw a horizontal (X) axis labeled...
HR Trends Institute https://hrtrendinstitute.com/(Links to an external site.) HR Technology Discuss IT changes that you have experienced at work such as new cash register or inventory system or...
What nontax factor(s) should an employee consider when deciding whether and to what extent to participate in an employer's 401(k) plan?
What is an employee benefit and what are the various forms that these benefits can take?
Am I winning? Congressman Floyd commissions a sample survey of voters to learn what percentage favor him in his race for reelection. To avoid spending too much, he samples only 50 voters. Suppose...
Two blocks, each of mass M, are connected by an extension less, uniform string of length l. One block is placed on a smooth horizontal surface, and the other block hangs over the side, the string...
In a just-in-time costing system, any remaining balance in the Conversion Costs account at the end of the accounting period is usually charged to which account? Work in Process Inventory Raw and In...
If the price is higher than the equilibrium price, then: a. quantity demanded is greater than quantity supplied b. quantity supplied is greater than quantity demanded c. the price will increase over...
The income elasticity of demand for food is: a. 0 < E m < 1 b. E m < 0 c. E m > 1 d. E m = 0
Consider a hotel chain that has four different booking classes denoted P,Q,R and S. Total capacity stands at 1,000 rooms and a quarter of all rooms are reserved for booking class P. A third of the...
1. Consider the following economy: C = 3, I = 1.5, G = 2.65, T = 2, f = 0.5, d = 0.1, a = 0.8 a) Write the mathematical expression of the consumption function b) Write the mathematical expression of...
Question 2 (Financial statement Analysis) Following is a comparative statement of financial position for Sam's Company: Sam's Company Comparative Statement of Financial Position December 31, 2020 and...
Q4. Johnny's Burger is a family-run fast food joint. In addition to its famous hamburger, Johnny's Burger has just launched a new "Organic Beef burger. The owner, Johnny, would like to know if his...
Compute ScholarPak's break-even point in sales dollars for the year. 2. Compute the number of sales units required to earn a net income of $540,000 during the year. 3. ScholarPak's variable...
41-44 Find fogoh. 41. f(x)=3x-2, g(x) = sin x, 42. f(x)=|x4|, g(x) = 2, 43. f(x)=x-3, g(x) = x, h(x) = x h(x) = x h(x) = x + 2 44. f(x) = tan x, g(x) == X x-1' h(x) = x
Scheduling and sequencing are typically viewed from a technical perspective; that is, they are focused on minimizing quantitative measures such as lateness or cost. However, schedules also have...
Explain what is meant by vicarious liability and when it is available?
(1 point) Bill makes annual deposits of $1900 to an an IRA earning 5% compounded annually for 14 years. At the end of the 14 years Bil retires. a) What was the value of his IRA at the end of 14...
Which of the following concerning short-term financing methods is NOT CORRECT? Short-term bank loans typically do not require assets as collateral. Firms generally have little control over the level...
Kingbird Corporation is preparing its December 31, 2017, balance sheet. The following items may be reported as either a current or long-term liability. 1. On December 15, 2017, Kingbird declared a...

If the quantity supplied is greater than quantity demanded, there is: a. trade deficit b. equilibrium c.

Question:

Step by Step Answer:

If the quantity supplied is greater than quantity demanded there is a su...View the full answer

Principles Of Agricultural Economics

Students also viewed these Business questions